How market forces determine data value on the dark web

We all know that following a data breach the stolen information is likely to turn up for sale on the dark web. But what's this information worth and how is its value arrived at? Researchers at consumer website Comparitech have analyzed over 40 dark web marketplaces to find out how much credit card, Paypal, and SSN details are worth to cybercriminals. In terms of 'fullz' (full sets of credentials) American identities are the cheapest averaging $8 per record, while Japan and the UAE have the most expensive identities at an average of $25. This seems to be largely down to… [Continue Reading]